Cyprus vs Eritrea: General government final consumption expenditure
General government final consumption expenditure over time
- Cyprus
- Eritrea
How they compare
Eritrea currently reports 8.45 billion current LCU against 6.74 billion current LCU in Cyprus, a difference of 1.71 billion current LCU.
That makes Eritrea's figure about 1.3 times Cyprus's.
The two have swapped places 1 time across 20 shared years of data; in 1992 it was Cyprus ahead.
Cyprus ranks 159th and Eritrea ranks 156th of 186 countries.
Eritrea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cyprus | Eritrea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.16 billion current LCU | 1.67 billion current LCU | 514.80 million current LCU | Eritrea |
| 2000s | 2.51 billion current LCU | 4.99 billion current LCU | 2.48 billion current LCU | Eritrea |
| 2010s | 3.75 billion current LCU | 8.11 billion current LCU | 4.37 billion current LCU | Eritrea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Cyprus or Eritrea?
- Eritrea, at 8.45 billion current LCU against 6.74 billion current LCU in Cyprus as of 2011.
- What is the difference in general government final consumption expenditure between Cyprus and Eritrea?
- 1.71 billion current LCU, with Eritrea ahead.
- How many years of comparable data are there for Cyprus and Eritrea?
- 20 years are reported by both, from 1992 to 2011.
- How do Cyprus and Eritrea rank globally for general government final consumption expenditure?
- Cyprus ranks 159th and Eritrea ranks 156th of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.